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Enel Signed Agreements for the Acquisition of an 830 MW Portfolio of Wind and Solar Plants in USA
Feb 23, 2026

Enel Signed Agreements for the Acquisition of an 830 MW Portfolio of Wind and Solar Plants in USA

Enel S.p.A. ("Enel"), acting through its wholly owned subsidiaries Enel Green Power North America and EGPNA Project Holdco 2, signed agreements with Excelsior Energy Capital for the acquisition of a portfolio of wind and solar plants, located in the United States, with an overall installed capacity of 830 MW and an expected average output of around 2. TWh per year. The agreements provide for a consideration of approximately 1 billion US dollars (equivalent to around 850 million euros) subject to adjustments customary for these types of transactions. The enterprise value referred to 100% of the portfolio is approximately 1.3 billion US dollars. The consideration for the acquisition will be financed by cash flows from current operations.

Following the closing of the transaction, a positive net effect of approximately 145 million US dollars per year, equivalent to around 125 million euros, is estimated on the Enel Group´s consolidated ordinary EBITDA at regime. Furthermore, the Enel Group is expected to achieve in North America an installed capacity entirely from renewable sources of approximately 13 GW of wind, solar and storage facilities.

The closing of the transaction, expected in the third quarter of 2026, is subject to certain conditions precedent customary for these kinds of transactions, including the issuance of the authorizations required by applicable U.S. regulations.

The transaction is in line with the Enel Group's strategy, which envisages the growth of its generation capacity from renewable sources including through the acquisition of assets already in operation in Tier 1 countries (Brownfield).

Enel Green Power North America | https://www.enelnorthamerica.com/

Clean Power Alliance Impact Report Shows Record Growth in Clean Energy Adoption and Resilience-Building Efforts Across Southern California
Feb 23, 2026

Clean Power Alliance Impact Report Shows Record Growth in Clean Energy Adoption and Resilience-Building Efforts Across Southern California

Clean Power Alliance (CPA), the nation’s number one green power provider and California’s largest community choice energy aggregator, has released its 2025 Impact Report, highlighting a transformative year of strategic investments, community-centered growth and expanded clean energy solutions for communities across Los Angeles and Ventura counties. 

The report underscores CPA’s recent advancements in growing environmental sustainability, strengthening regional resilience through local clean energy projects and delivering tangible benefits for residential and business customers. Additionally, CPA responded to the Palisades and Eaton fires, which devastated local communities in January 2025, by directing funding and resources to support immediate recovery efforts, training for contractors rebuilding with resilient solutions and offering expert guidance to customers on how to protect their properties from fire. 

“Our region continues to experience significant challenges due to a changing climate, and our focus remains on addressing those impacts by serving our customers with reliable clean energy and investing in programs and infrastructure that advance sustainability and resilience in our communities,” said CPA’s Chief Executive Officer Ted Bardacke. “I am grateful to the CPA staff, board of directors and community advisory committee for our critical collaboration that is delivering results at the local level and supporting the state’s ability to reach climate and clean energy goals.” 

Impact by the Numbers
The 2025 local impact overview highlights measurable progress:

  • 3 million+ residents and businesses served, with 67% of customers now enrolled in CPA’s 100% Green Power option
  • 3.6 billion pounds of greenhouse gas emissions avoided — equivalent to removing over 382,000 gas-powered cars from the road for one year or growing over 27 million tree seedlings for 10 years
  • 157 Megawatts (MW) of new renewable energy contracts executed, reinforcing CPA’s role as one of California’s largest purchasers of clean power
  • Service expanded to 3 new cities — La Cañada Flintridge, Lynwood and Port Hueneme — growing CPA’s service area to 38 communities
  • 33,000+ new customers expected to help reduce greenhouse gas emissions by 128 million pounds annually
  • $14 million+ invested in customer programs that help residents and businesses save energy and lower costs — a 30% increase over the prior year
  • $375,000 in community grants awarded to nonprofits driving local clean energy and resilience initiatives
  • $348,000 provided for workforce training, supporting 200 apprentices; CPA has invested more than $2 million over the past four years in local workforce programs
  • 600+ estimated jobs created tied to CPA-contracted projects, boosting the local clean energy workforce
  • $35 million+ in estimated energy cost savings from prepay bond financing, enabling deeper investment into customer programs

“Clean Power Alliance was created by our communities to serve our communities,” said City of Agoura Hills Mayor Pro Tem and CPA Board Chair Deborah Klein Lopez. “In the face of climate-driven challenges and devastating wildfires, we have doubled down on investing locally — in clean power, workforce development and resilience solutions that protect residents and businesses. This report shows the power of local control delivering real impact.”

Driving Renewable Energy and Grid Resilience
CPA secured 157 MW of new renewable energy and expanded long-term power procurement to reinforce grid reliability and meet growing community demand for sustainable energy. Strategic investments strengthened local infrastructure and contributed to broader regional energy resilience. 

Expanded Customer Programs and Services
Funding for customer programs increased by 30%, enabling the launch of new energy-saving offerings to help residents and businesses reduce usage and lower electricity costs. These programs are equipped to support customers in adopting cleaner energy practices while providing cost-saving tools and resources. CPA launched two new programs to support low-income residents and increase access to clean energy and clean energy technologies.

Community Partnerships and Local Impact
CPA scaled its community investments by working with local organizations to support workforce development, education and sustainability initiatives—preparing the next generation for careers in clean energy.

Annual grants totaling $375,000 were awarded to 18 nonprofit organizations advancing clean energy and environmental stewardship efforts throughout the region. 

Community Engagement and Outreach
CPA maintained strong engagement with customers and local stakeholders through targeted outreach at community events, local chambers of commerce and public meetings to share educational initiatives designed to inform residents about clean energy options and local programs. 

Policy and Advocacy
In support of broader industry goals, CPA continued to advocate for policies at the state and national level that expand access to local renewable resources and strengthen long-term sustainability. 

Financial Governance
CPA achieved a credit rating upgrade to “A” from “A-” with a stable outlook from S&P Global Ratings, reflecting the organization’s financial resilience, disciplined governance and ability to manage market risks. 

Looking Ahead
The 2025 Impact Report reflects CPA’s dedication to charting a path toward a clean energy future that is equitable, reliable and community focused. Building on this progress, CPA is positioned to continue expanding its clean energy portfolio and enhancing customer programs that help reduce emissions, improve resilience and deliver lasting economic and environmental value.

View the full report: Impact Report

Clean Power Alliance | www.cleanpoweralliance.org

UKA North America Executes 15-Year Power Purchase Agreement with Google for Blue Sky Solar Project in ERCOT West
Feb 23, 2026

UKA North America Executes 15-Year Power Purchase Agreement with Google for Blue Sky Solar Project in ERCOT West

UKA North America, the U.S. subsidiary of UKA Group, has executed a 15-year power purchase agreement (PPA) with Google for the Blue Sky Solar Project, a 100 MWac utility-scale solar facility located in Crockett County, Texas.

The Blue Sky Solar Project is in late-stage development and is planned to come online in late 2027.  It is intended to supply clean electricity to the ERCOT grid and support Google’s data center operations in Texas. Upon completion, Blue Sky Solar is expected to contribute additional generation capacity in ERCOT while helping advance broader affordability, reliability and decarbonization objectives for the grid. “This agreement represents an important milestone for the Blue Sky project,” said Kelly Wist, Managing Director of UKA North America. “We are pleased to support Google’s energy strategy with a utility-scale solar project that supports their long-term clean energy goals and delivers affordable reliable power to the grid.” 

“By collaborating with UKA North America to bring new low-cost power to the grid, we are helping to ensure that the Texas energy system remains affordable for local families and businesses,” said Will Conkling, Director of Energy and Power, Google.

The project represents a significant investment in Crockett County, creating 150-200 construction jobs and several long-term operations positions, while generating millions in local tax revenue to support schools, emergency services, and county infrastructure. Once operational, it will provide clean electricity for roughly 20,000 Texas homes and boost local spending through landowner payments and construction-related business activity.

The agreement reflects UKA North America’s continued focus on developing high-quality, utility-scale renewable energy projects and reinforces the strength of its North American portfolio. The transaction was facilitated by LevelTen.

UKA Group North America | https://www.uka-group.com/us/

Rosendin Energy Group Names New Leadership to Drive Strategic Growth
Feb 23, 2026

Rosendin Energy Group Names New Leadership to Drive Strategic Growth

Rosendin Electric, Inc., (Rosendin), the largest employee-owned electrical contractor in the United States, announces the promotion of William (aka Billy) Watts to Regional Vice President to lead Rosendin’s Energy Group. This strategic appointment and new division name reflect Rosendin’s commitment to diversifying capabilities and positions the company for accelerated growth in high-demand energy markets.  

Under Watts’ leadership, the Energy team will focus on scaling operations, strengthening partnerships, and capturing new opportunities in the evolving energy market. This includes expanding Battery Energy Storage Systems (BESS) and substation capabilities that play a critical role in data center needs and grid stability. The team will also continue to serve customers requiring high voltage expertise and EPC capabilities in Renewable Power Generation, while exploring emerging technologies such as floating solar, SMR, and gas turbines.  

"Rosendin has installed over 9.5 gigawatt-hours of BESS, 151 substations, and over 7.1 gigawatts of solar, and now we’re using that expertise to embrace new opportunities that help our customers make use of diverse energy solutions,” said Keith Douglas, CEO, Rosendin Electric, Inc. “The Leadership Team has full confidence in Billy Watts and the entire Energy team to help us shape the future of energy infrastructure through long-term investments in our people and our technology.”

Watts brings over 25 years of experience in renewable energy and power generation, having served in senior leadership roles with Primoris Renewable Energy, Mortenson, and Siemens Energy. His experience spans engineering, construction & operations throughout North and South America and the Middle East. 

"Our approach prioritizes strategic partnerships and projects where we can leverage our proven expertise while building capabilities for tomorrow's energy landscape," said Watts. "This restructuring reflects our commitment to innovation and our willingness to invest in technologies that will drive grid modernization and energy security across the United States."

In addition, Ron Hopgood has been promoted to Vice President of Operations, bringing over 30 years of leadership experience focused on operational excellence. Amanda Amos and Manny Rosabal have also been promoted to Operations Managers, to leverage the company's established relationships with utility partners while developing new capabilities to serve emerging energy markets. 

Rosendin is an elite Tier 1 Solar EPC that designs and self-performs the full spectrum of medium and high-voltage electrical, substation, transmission, and BESS work. Rosendin’s portfolio includes NECA Excellence Award-winning projects in California, Texas, and Nevada, among many others throughout the U.S. This expanded scope aligns with the company’s broader mission to support complex infrastructure projects that require specialized knowledge, scalability, and safety expertise. 

Rosendin Electric | www.rosendin.com

 

 

Etana Energy Secures Further Offtake and New Solar Project Reaches Financial Close
Feb 23, 2026

Etana Energy Secures Further Offtake and New Solar Project Reaches Financial Close

Chariot (AIM: CHAR), the Africa focused energy company, is pleased to report that Etana Energy (Pty) Limited (“Etana”), the South African electricity trading platform in which Chariot’s subsidiary, Chariot Generation and Trading (Pty) Limited (“Chariot Generation and Trading”) holds an economic interest of 34%, alongside H1 Holdings, Norfund and Standard Bank, has signed up a further 150MWAC in sole offtake from the Orkney 219MWDC solar photovoltaic project which has now reached financial close. Chariot Generation and Trading is co-owned by Chariot and the Mahlako Energy Fund.

The Orkney project, located in the North-West province of South Africa, is being built by Mulilo a leading renewable energy developer and independent power producer and will be financed by Mulilo and a consortium of South African financial institutions. Once operational, Orkney will have an export capacity of 150MWAC and is expected to produce around 478GWh of renewable electricity annually, which will be wheeled to Etana’s customers via South Africa’s national and municipal distribution network. This is the second project that has been completed through the Etana and Mulilo partnership, the first being the 75MWAC Du Plessis Dam Solar PV2 project that commenced construction last year.

Benoit Garrivier, CEO of Chariot’s Renewable Power division, commented:

“This is a further example of Etana delivering on its strategy and underlines how its business model is addressing both the supply and demand for renewable energy by enabling and instigating the build of these projects. Etana is executing its plans at pace, closing projects expected to generate in excess of 500MW in the last 12 months, and is, in turn, serving to help redefine and enhance South Africa’s long term energy infrastructure.”

Chariot | https://chariotenergygroup.com/

 

Corvus Energy Battery Systems Selected by ABB for Washington State Ferries
Feb 23, 2026

Corvus Energy Battery Systems Selected by ABB for Washington State Ferries

Corvus Energy is pleased to announce that the company has been selected by ABB’s Marine & Ports division to supply battery energy storage systems (ESS) for two new hybrid electric ferries for Washinton State Ferries, a leading ferry operator in the United States. The contract also includes an option for a third vessel.

U.S. largest maritime electrification effort

Washington State Ferries (WSF) manages the largest ferry system in the United States, operating 21 auto-passenger ferries across 10 routes serving 19 terminals. The two new hybrid electric ferries will be the first of up to 16 new vessels delivered as part of WSF’s $3.98 billion Ferry System Electrification plan (source). The project is anticipated to be the largest investment in maritime electrification and the largest ferry electrification project in the United States to date, an important milestone for U.S. marine emissions reduction efforts.

ferry ai

The new 1,500 passenger and 160 vehicle capacity ferries will play a crucial role in WSF’s strategy to modernize its fleet and reduce its environmental footprint.  

Ferry operations with low emissions 

The hybrid ferries, equipped with both an energy storage system (ESS) and diesel-powered generators, will be designed to operate using battery power alone, as access to sufficient onshore charging capacity allows. An environmentally friendly configuration, fully battery-powered operations produce zero emissions and require zero fuel.

With the new hybrid ferries, WSF aims to achieve sizeable reductions in fuel consumption and greenhouse gas emissions. This is in alignment with both WSF’s target to reduce ferry fleet emissions and Washington State's broader environmental goals.  

“Washington State Ferries forge a very progressive path towards environmentally sustainable operations with these electric hybrid ferries, marking a significant milestone in the evolution of zero-emission maritime transportation in the US,” says Bruce Strupp, Vice President Marine Systems of ABB’s Marine & Ports division a leader in vessel electrification. With respect to their ESS selection, he remarks, “The proven reliability, safety and performance of the Corvus ESS was important in awarding this contract to Corvus Energy.”

As the propulsion single source vendor for the new WSF ferries, ABB selected the Corvus Dolphin NxtGen ESS for the vessels. Lightweight and high power, the system incorporates next generation marine ESS design with the well-proven safety features and unmatched performance profile integral to Corvus battery systems.  

Leading ferry electrification in North America

“We are thrilled to be chosen as a partner by ABB for the Washington State Ferries hybrid vessels. Washington State’s progressive Ferry Electrification Plan is a noteworthy milestone for US marine electrification. It’s a leading example of advancing sustainable ferry operations not only within the United States but also globally.” says Fredrik Witte, CEO of Corvus Energy.
 
North America is a significant and emerging market. Starting years ago, Corvus Energy began making strategic, long-term commitments to establish a presence in the United States. Witte concludes, “We are excited to see increased demand from North America and look forward to installing our groundbreaking Dolphin NxtGen ESS onboard the Washington State ferries.”

Anticipated project timeline and milestones 

The shipyard contract for the WSF project was awarded to Florida-based shipbuilder, Eastern Shipbuilding Group. The first two hybrid electric ferries for Washington State Ferries are scheduled for operation in 2030 and in 2031.

Corvus Energy | https://corvusenergy.com/

Equipment Demand and Generational Innovation Spur New Vermeer Manufacturing Facility and Team Growth in Des Moines Metro
Feb 23, 2026

Equipment Demand and Generational Innovation Spur New Vermeer Manufacturing Facility and Team Growth in Des Moines Metro

Vermeer Corporation has announced its acquisition of 186 acres of land and the intent to build an all-new 300,000 square foot facility in the Des Moines metro, located in Bondurant, that will be home to initially 300+ jobs related to the manufacture and support of Vermeer industrial parts and equipment.

This investment supports the growth Vermeer has seen due to an accelerated momentum of innovation, increasing customer demand across all markets, expanded support in the field and a growing strength in the Vermeer brand worldwide.

“I’m incredibly proud of this business my grandfather, Gary Vermeer, began 78 years ago and the team doing the work to equip Vermeer customers around the world. While Pella will always be home to our headquarters, the need for Vermeer equipment has continued to grow and the innovation coming from Vermeer requires continued investment both in Pella and beyond. After announcing the launch of our Vermeer Des Moines team just three years ago, we’re excited to further our commitment to our customers, our team, the greater Des Moines metro and the state of Iowa through this investment,” said Jason Andringa, President and CEO and third generation family member.

Vermeer Des Moines operations began spring of 2023 and today the team of 143, working out of 108,000 square feet, has demonstrated an incredible ability to deliver parts and equipment Vermeer customers need as they feed and fuel communities, manage natural resources and connect people to daily needed infrastructure.

As innovators, Vermeer knows power doesn’t lie in the product alone, but in the tools, the space and the people building the equipment. This state-of-the-art facility will include advanced manufacturing tools and practices, a patented air circulation system and other exceptional investments to ensure another world-class manufacturing location.

Today, the Vermeer Des Moines team builds critical, wearable components Vermeer equipment uses during job site operations, known as Cutting Edge products. The all-new facility will serve as a state-of-the-art center of excellence for all aftermarket components supporting our Cutting Edge business. Additionally, the facility will also include full-spectrum manufacturing capability - including machining, weld, paint and assembly - giving Vermeer Des Moines versatility to meet a continually growing demand and will focus on the manufacture of key products, including new generations of equipment, from our UtilityTree Care and Landscape product line ups.

“The Des Moines area has proven, in a short amount of time, to be a great place to build out our team and get important work done. We strive to be a top employer in the region, are committed to best-in-class manufacturing and believe this growth only helps demonstrate that. We’re proud to call Iowa home and we’re proud to build our team and our equipment right here in the heart of the Midwest,” said Mindi Vanden Bosch, Vice President of Operations and third generation family member.

The announcement of a new Vermeer Des Moines facility is the most recent investment in a series of strategic growth moves Vermeer has made following a strong growth trajectory since 2016. In the past three years alone, including upgrades across multiple facilities, Vermeer has added a 135,000 square foot expansion at Vermeer MV Solutions in Greenville, SC, opened a 312,000 square foot Global Parts Distribution Center in Pella, leased and built out 108,000 square foot facility in Des Moines, reworked 127,000 square feet of operational space in manufacturing in Goes, the Netherlands and acquired significant ownership in a manufacturer located in Queensland, Australia.

Vermeer has been in close partnership with the City of Bondurant, the Iowa Economic Development Authority (IEDA) and the Greater Des Moines Partnership. Through effective collaboration and a shared vision for the future, the City of Bondurant and the IEDA have been critical in helping make this announcement a reality.

Vermeer Corporation | https://www.vermeer.com/na

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